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Question - The Lauren Company manufactures two products. Information about the two product lines for the year is as Follows:
Product X
Product Y
Selling price per unit
$70
$100
Variable costs per unit
30
40
Contribution margin per unit
$40
$60
The company expects fixed costs to be $144,000. The firm expects 60 percent of its sales (in units} to be of Product X.
Required - Determine the break-even point in units for both Product X and Product Y.
For next year, 21,000 units of finished goods have to be produced, each requiring 1.5 hours of labor. What is the direct labor cost for next year
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The management of Zigby manufacturing prepared the following estimated balance sheet for March, 2013:
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the company is considering the acquisition of equipment that would radically change its manufacturing process. the
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One from United Trucks Pty Ltd requiring him to cease the operations of Sunshine Trucks Ltd in Queensland, the other from Grasping Bank Ltd threatening to sue him for $ 100 000. Advise him, citing all relevant legal authority.
Make a presentation the purpose of budgeting, approaches used in budget preparation, and advantages and limitations of budgeting.
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